Maamba Collieries (MCL) Coal Mine new owners, NAVA BHARAT venture will layoff all employees and pay them their terminal benefits.
The Company’s Executive Officer Kalunga Mumba told workers in a memo that MCL Board of Directors has decided to send all the miners on voluntary separation exercise with effect from August 31 to November 30, 2010.
Mr Mumba said the company would undertake a voluntary separation exercise as a strategy to reorganize their business and give employees a chance to get their terminal benefits.
The workers have also been told to reapply for their positions.
“I would like to thank you for your contribution and continued hard work during the difficult conditions that MCL had experienced in the past,” Mr Mumba said in the memo.
He said the Company would support them to address any negative impact that the exercise may have on their future livelihood.
Mr Mumba informed the workers that voluntary separation procedures and application forms would be circulated to all employees in two weeks time.
However, the move is contrary to the MCL’s former Executive Officer Dipesh Dipu statement earlier this year assuring the miners that no one would lose employment after the new owners take over.
NAVA BHARAT venture is owns about 65 shares in Maamba Collieries (MCL) Coal Mine while government has 35 percent.
ZANIS
GET YOUR TERMINAL BENEFITS , INVEST,AND THEN APPLY FOR YOUR NEW JOB. THIS COMPANY IS A COMPLETELY NEW ONE. AT LEAST YOU ARE ASSURED OF SOMETHING.
ditto number 1
thanks to RB and the govt
they sell zambian assets for a song pretexting that Zambian people need jobs
less Zambian workers and more foreign workers as result
It was the same for Munali…
Carry on !! do not reintroduce windfall taxes, lower minerals taxes
RB, the mate of foreign companies
Shame on these crookers !!
#3 RB will be in State House beyond 2011. Wait until you see the benefits of this RB privatisation, you and your fellow ignoramas.
#3 ba mike tyson you are so infatuated with the hatred for rupiah such that even when he does somthing positive you can’t appreciate.ask yourself what was maamba collieries a company or a shell of a company?those mulnourished workers should even count themselves lucky.infact what these people have done is too good.let these traumatised workers rest and let fresherswith vigour come in. you have got a half brain that’s why you squandered all the millions of dollars you made from your industrious boxing career
For the moment
A lot of travels
Ministers steal donors ‘s money (health, roads)
Zambian assets sold for a song
European Union has observed that ‘Zambia is not benefiting from its copper
Connivance with foreign companies
The justice is RB’s puppet : Mpombo, M’membe
Willing to remove the abuse of office clause from the ACC Act to dilute the fight against corruption
Chiluba cleared
Poverty so high and the govt is a beggar while foreign companies earn billion dollars
Civil servants not paid
Indeed a great president !! LOL
If the PACT holds, RB will be swept… :)
# 5 indeed talk about million dollars..
with my half brain, I read the annual reports from First QUantum
Kansanshi mining gives only crumbs to govt and zccm-ih (only $3m in 2009 and $18,1 m in 2010!)
The amount of Minority interests due to ZCCM-ih is now $ 358 million while at the same time the benefit of kansanshi overtook $ 664.2 m in 2008 and $610.4 m in 2009 !
In the same time, First Quantum Minerals rent this money (zccm-ih money) for 0%.. with this money FQM developp its business in others country… and zccm has no money to give to maamba colleries, Ndola lime.
Kansanshi Mining owes ZCCM-ih $ 358 million
ZCCM-ih owes the govt $ 300million
and the govt owes IMF $ 333 million and was only able to pay back $ 1,9 million
what do you deduct from this with your…
(continued)
big brain ???
and where was levy when these mines you allude to were making all these monies.of course you cant tell me that they have only been in exisence in the last two years
#8 mike tyson read comment above
BRO. MIKE TYSON , PLEASE COME TO MAAMBA AND HEAR ,SEE HOW THE WORKERS ARE HAPPY FOR COMPANY WHICH HAS NOT MADE A NGWEE ARE READY TO PAY TERMINAL BENEFITS TO THEM.
# 9
When foreign companies took over state-owned companies and especially the copper mining industry ( kansanshi in 1997, kcm in 2000, ‘equinox/lumwana in 2005…), they “negotiated” Development Agreements which prevents gvt from raising taxes for 20 years … and taxes have been capped ( crumbs !!) on the pretext that copper price was low
DAs were concluded while IMF hold a gun at zambia’s head, and certainly with “generous gifts”. At this time, there was low copper price and foreign companies doubted the stability of zambia.
Today it’s invalid, and using the argument of the high copper price, the govt must tackle this spoliation and scrap these DAs
the amount of profit is actually enormous and it‘s only the beginning as investments are NOW completed, the…
(continued)
will of the gvt… WHY???
confiscate every 5th load leaving the mines, otherwise mining companies will cheat on turnover thanks to the transfer pricing
eg mopani mine already uses subsidiaries of fqm and glencore based in tax havens…
When levy was the ruling president, copper price rose at the end in 2007.
Then, his finance minister Magande was willing to remove these scandalous DAs, rose mineral taxes, introduced windfall taxes
Why can that gvt not be able to do this ??? bribes???
As former Science and technology minister Namulambe (fired by RB) said, Banda does not continue levy legacy ie zero tolerance to corruption and strong economic policies
# 11
for the moment I see the beating of Zambian workers by Chinese management at the Chinese Collum Coal mine, chambishi mine,… etc
According to you, these zambian workers are happy ??